Expansion into South America
ISRA VISION AG: Expanding its international sales and distribution even further
"Continuous expansion of our distribution network constitutes a crucial pillar in ISRA’s growth strategy," explains ISRA's Chairman of the Board, Enis Ersü. "We perceive great potential for our products to be expanded upon in the up-and-coming countries of Latin America – because our products provide companies with a significant increase in profitability and quality, thus giving them a decisive competitive edge. Furthermore, the payback period for our systems is very short, often barely six months."
After the growth spurt from the acquisition last year of their Aachen-based competitor, Parsytec, ISRA has once more turned its focus to organic growth through increased expansion of its global distribution and service network.
ISRA VISION is a leading supplier of machine vision systems for surface inspection and robot guidance. Clients include Daimler, KUKA, ABB, BMW, Volkswagen, General Motors, Ford, Schott, Saint Gobain, Pilkington, MAN Roland, Asahi, 3M, DuPont, Stora Enso, Weyerhaeuser and Crane, among others.
Operating EBT in fiscal year 2006/2007 (ending Sept. 30) was € 6.3 million (2005/2006: € 10.0 million). Total output for 2006/2007 came to € 58.6 million (2005/2006: € 53.5 million). During the past ten years, ISRA was able to increase its total output by close to 31% per year on average, while EBT grew by an average 36% per year. ISRA is active world-wide and employs some 300 staff at its locations in Darmstadt, Karlsruhe, Herten, Oerlinghausen, Aachen, Atlanta, Columbus, Lansing, London, Shanghai, Beijing and Taoyuan.
ISRA uses digital image processing technology for the optical inspection of endless web materials (such as glass, film, nonwoven, paper) and for robot guidance tasks in the context of automated production and packaging. According to expert estimates, at present only some 25% of possible applications are being exploited. Currently the global market volume comes to some € 6.5 billion. Annual growth rates world-wide are currently estimated between 7% and 10%.